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Plant-Economics Mcqs for Chemical
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>> Nominal and effective interest rates are equal, when the interest is compounded______________?
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Q. Nominal and effective interest rates are equal, when the interest is compounded______________?
a.
Quarterly
b.
Semi-annually
c.
Annually
d.
In no case, they are equal
ANSWER: Annually
Answer & Explanation
No explanation is available for this question!
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